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Lakeland Financial LKFN Corporate and Business Development Expense

Corporate and Business Development Expense at other companies

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Goldman Sachs GroupGS
$186M+19.2%
Raymond James Financial logo
Raymond James FinancialRJF
$75M+17.2%
BK
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$50M+4.2%
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Nicolet BanksharesNIC
$2.34M+11.3%
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$1.59B+4.1%
Community Financial System logo
Community Financial SystemCBU
$2.22M-23.9%

Other financials

Income statement

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Revenue$69.7M+9.3%
Net income$26.5M+31.8%
EPS (diluted)$1.04+33.3%

Balance sheet

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Cash & equivalents$151.3M-35.7%
Total debt$125.1M+1,780%
Total equity$748.9M+7.8%
Total assets$7.1B+3.4%

Cash flow

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Operating cash flow$34.7M+19.9%
CapEx$4.7M+164%
Free cash flow$30.0M+10.4%

Valuation

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Market cap$1.53B+3.0%
Enterprise value$1.51B+19.6%
P/E14×-2.5×
P/S5.6×-0.2×

Profitability

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Net margin39.9%+4.9pp
FCF margin38.8%+0.8pp

Returns & leverage

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Return on equity15.2%+1.8pp
Debt / equity0.2×+0.2×

Where this comes from

Reported directly by Lakeland Financial in its filing.

Tagged under the XBRL concept lkfn:CorporateAndBusinessDevelopmentExpense.

The official record: Lakeland Financial’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lakeland Financial's corporate and business development expense?
Lakeland Financial (LKFN) reported corporate and business development expense of $1.49M in Q1 2026.
How has Lakeland Financial's corporate and business development expense changed year-over-year?
Lakeland Financial's corporate and business development expense increased by 6.2% year-over-year, from $1.41M to $1.49M.
What is the long-term trend for Lakeland Financial's corporate and business development expense?
Over 4 years (2021 to 2025), Lakeland Financial's corporate and business development expense has grown at a 5.5% compound annual growth rate (CAGR), from $4.26M to $5.28M.
What does corporate and business development expense mean?
Costs associated with marketing, client acquisition, and strategic growth initiatives aimed at expanding the bank's market presence. These expenditures are intended to drive long-term revenue growth through new business relationships.